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USD/JPY2015-03-31 10:08 UTC

USD-JPY rallied to a new high for a second day, making an 11-day peak of 120.36. The move came to a pause just shy of the 20-day moving average at 120.40. The move largely reflects broader dollar gains. Fed's Fischer said U.S. GDP data may be understating the economy's health. Yield differentials remain in the dollar's favour, with the 10-year T-note over JGB comparison showing an +155 bp spread. We think the big-picture bias will remain ...
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XE Market Analysis

North American Edition2015-03-31 10:08 UTC

EUR-USD dipped to fresh lows under 1.0720 amid general euro underperformance. EUR-JPY triggered stops through 129.00 on route to 11-day lows under 128.70. EUR-GBP also saw fresh lows. Talk of real money bids into 1.0700 in EUR-USD may put a brake on euro selling. The move comes despite Eurozone HICP inflation rising to -0.1% y/y in March from -0.3% y/y in the previous month, though this met expectations after uptick in German and Spanish headline rates ...
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European Edition2015-03-31 06:33 UTC

EUR-USD fell to nine-day lows under 1.0780, bringing the Mar-22 low at 1.0767 into scope. The move broke below the 20-day moving average, which is presently sitting at 1.0796 and now reverts as resistance, ahead of 1.0845. The fresh decline reflects broader dollar gains that were sparked by Fed's Fischer, who said U.S. GDP data may be understating the economy's health. USD-JPY rallied to a new high for a second day, making an 11-day peak of 120.36. The ...
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Asian Edition2015-03-30 18:21 UTC

The dollar was firmer in N.Y. trade on Monday, with sentiment aided by stronger income gains and upbeat pending home sales data. Wall Street rallied, though yields edged lower. EUR-USD slipped from highs near 1.0865 to lows of 1.0810, as bids into the figure supported. Greek concerns remain however, and until a clearer picture of debt negotiations emerges, the euro is likely to remain heavy. USD-JPY traded over the 120.00 mark, though month/quarter ...
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